Why BFT SPAC is a good stock to buy before the Paysafe merger date
BFT SPAC stock investors are on track to receive about a 14 percent stake Paysafe. There are several reasons you might consider adding BFT stock to your portfolio before the Paysafe merger closing date. First, the stock still looks fairly valued now. Also, the stock trades at about a 20 percent discount to its recent high.
Second, Paysafe appears to be a high-quality business in an industry with bright growth prospects. The coronavirus pandemic has accelerated the shift to online shopping and Paysafe is well-positioned to capitalize. More than 75 percent of the company's revenue comes from e-commerce.
Taken from article here https://marketrealist.com/p/bft-paysafe-merger-date/